1 May Street

    1, MAY STREET, LUTON, LU1 3QX

    This terraced freehold property on May Street last sold in April 2015 for £144,000. Based on price growth in the LU1 district since then, its estimated current value is £220,468 — placing it in the 30th percentile nationally and the 30th percentile within LU1. The property covers 63 m² (678 sq ft), giving an estimated value of £3,499 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £144,000

    Apr 2015

    Estimated Valuation

    £220,468

    Est. £/sq ft

    £325/sq ft

    £3,499/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area678 sq ft (63 m²)
    EPC dateOct 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Apr 2015

    £144,000

    Key Metrics

    Estimated valuation£220,468
    Value per sq ft / m²£325/sq ft (£3,499/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile30th percentile
    National percentile30th percentile

    District Context — LU1

    LU1 covers Luton town centre and its immediate surroundings in Bedfordshire, positioned north of London on the main transport corridor. It is a densely populated urban area with a diverse, younger demographic and a strong private rental market.

    Average Property Price - LU1

    £321,141

    49

    National percentile

    Average Net Household Income - LU1

    £19,025

    2

    National percentile

    10-Year Annualised Price Growth - LU1

    4.8%

    86

    National percentile

    10-Year Annualised Rent Growth - LU

    4.3%

    72

    National percentile

    View full analysis for LU1

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